Virgin America reported a $14.2 million profit for the three months ending Dec. 31,

swinging from a $25 million loss for the prior-year period. The airline's full-year net income of $10.1 million  represented its "first full year of profitability" and followed a 2012 loss of $145.4 million. For the fourth quarter, passenger unit revenue rose 4 percent year over year, with a 5 percent rise in passenger volume and a 1.3 percent decline in capacity. The airline's average quarterly fare declined nearly 2 percent year over year to $207.33.